No. Sometimes, misperceptions of redevelopment stem from the previous use of the word "blight" to describe "areas in need of redevelopment." More recently, however, redevelopment has been used in hundreds of municipalities throughout the state as a tool to drive economic benefits, in communities like:
- Park Ridge
- South Orange
- West Orange
All of which resulted in transformative projects for their residents and businesses. In addition, as described, the owners of properties located in areas in need of redevelopment benefit as well with property values actually increasing due to their inclusion in a redevelopment area.